Free Tool
Reverse Mortgage Calculator
Get a quick estimate of what you might receive from a HECM. Takes about 60 seconds.
If married, enter the age of the younger spouse.
Your best estimate is fine — we'll refine it later.
How this calculator works
Your HECM proceeds depend on three main factors: your age (older borrowers can access more), your home's value, and current interest rates.
This calculator uses Principal Limit Factors published by FHA to estimate what percentage of your home's value you can access. It then subtracts estimated closing costs and any existing mortgage balance.
The result is a ballpark estimate — your actual numbers may be higher or lower depending on current rates and your specific situation.
What affects your estimate
Prefer to talk through the numbers?
I can run a detailed scenario with current rates and your county's exact FHA limits.
Schedule a Free ConsultationBuying a new home instead?
Use our HECM for Purchase calculator to estimate the down payment needed to buy a home with no monthly payments.
Purchase Calculator →